Bloomberg News

ZURICH - Gilbert de Botton, the founder of Global Asset Management Ltd., died Sunday from a heart attack, UBS AG said Tuesday.

Mr. De Botton, 66, last year sold Global Asset Management to UBS, the world's biggest money manager, for more than $575 million. Global oversaw $13.8 billion for mostly wealthy clients.

Mr. De Botton founded the company in 1983. He had been chief executive of Rothschild Bank AG in Zurich and was president of New York-based Rothschild Inc. in 1981 and 1982.

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